Banking Software

Products & Services

Keystone's Bank Communication System (BCS)

Keystone's Bank Communication System (BCS) provides a wide range of functionality to support FEDWIRE, CHIPS, S.W.I.F.T., DTC, NBES, and TELEX.

The application modules, which operate on IBM mainframes, allow institutions to build the environment they require to successfully support required services.

Modular design, coupled with rich functionality and the ability to interface the funds transfer, securities clearing and message handling with other application areas, provide the flexibility to adapt the package to fit individual processing requirements.

Time-proven and mature, BCS offers the functionality and support required for a successful software package and vendor relationship.

The Keystone Bank Communication System FEDWIRE sub-system is a comprehensive on-line interface to the Federal Reserve Bank's wire transfer service. Employing the standard BCS architecture, the FEDWIRE sub-system is modular in design and supports the full range of FEDWIRE functions.

FEATURES:

FRISC communications capability

Fully on-line with user friendly screens and formats

Comprehensive BCS reporting providing:

full audit capability

full message logging

full transaction and audit trail

Provision for storage and automatic aging of up to 120 days of future dated messages

Syntax checking in accordance with FEDWIRE rules performed during message preparation

Capability to retrieve missing messages

Full status, including counts and amounts for all FEDWIRE funds transfer traffic

The Keystone Bank Communication System CHIPS sub-system is a comprehensive on-line interface to the New York Clearing House. Modular in design and functionally extensible, the CHIPS subsystem is totally qualified to perform all CHIPS functions.

The Keystone Bank Communication System TELEX sub-system delivers the latest in TELEX capability. The TELEX sub-system is functionally rich and supports processing of TELEX traffic including registration and on-line testing.

FEATURES:

Incoming Messages

Message registration to provide:

guaranteed receipt

intra-bank routing

determination of message testing requirement

Capability to split messages during registration

Testing of messages

Conversion of TELEX dollar payment messages into the format necessary for subsequent payment via CHIPS, FEDWIRE, book transfers, or check

Conversion of TELEX expected receives into the format necessary for subsequent matching to receipts from CHIPS, FEDWIRE or book transfers

Logging of all messages to permit identification of:

missing messages

possible duplicate messages

unregistered messages

untested messages

message status through final disposition

Comprehensive on-line capability for repair of incorrect or incomplete messages after conversion to BCS payment or expected receive format

Capability to amend payments or expected receives according to customer instructions

Outgoing Messages

Full testing including user definition of message types requiring testing

Comprehensive output message processing from:

user-friendly message entry capability of BCS

bank accounting system through the BCS standard accounting system interface

BCS generated messages for fails, extras and advices

Generation of test keys for outgoing messages

Control

Full interface to store and forward systems both internal or external to the bank

Final disposition and transmission (echo) copy of messages sent by front-end processor maintained on BCS

The Keystone Bank Communication System S.W.I.F.T. CBT sub-system provides a flexible approach for communicating with the S.W.I.F.T. network. Modular in design and functionally extensible, the S.W.I.F.T. sub-system is totally qualified to perform all S.W.I.F.T. functions.

FEATURES:Incoming Messages

Conversion of S.W.I.F.T. dollar payment messages into the format necessary for subsequent payment via CHIPS, FEDWIRE, book transfers, or checks

Conversion of S.W.I.F.T. dollar expected receives into the format necessary for subsequent matching to receipts from CHIPS, FEDWIRE, or book transfers

De-authentication of messages

Logging of all messages to permit identification of:

missing messages

duplicate messages

messages that fail authentication

message status through final disposition

Fully on-line with user-friendly screens and formats

OSN gap reporting and automatic retrieval of missing messages

Comprehensive on-line capability for repair of incorrect or incomplete messages after conversion to BCS

payment or expected receive format

Capability to amend payments or expected receives in accordance with customer instructions

Outgoing Messages

Support of all S.W.I.F.T. message types and priorities

Full authentication capabilities

On-line user-friendly message entry screens featuring:

appropriate tags with expanded descriptions for each message type

highlighting of mandatory fields

complete syntax checking

Creation of PDEs for undelivered messages

Logging of all messages to permit identification of:

PDEs

NODs and WODs

returned or canceled messages

message status including priority, authentication, and final disposition

Complete on-line capability for repair of incorrect or incomplete messages

The Keystone Bank Communication System DTC Securities sub-system is a comprehensive on-line interface to the Depository Trust's Mainframe Dual Host (MDH) system. Employing the standard BCS architecture, the DTC Securities sub-system is modular in design and supports the full range of MDH functions.

FEATURES

LU 6.2 communications capability

Fully on-line with user friendly screens and formats

Full support of MDH securities processing, including messages and service reports

Full handling of rejected transactions, reclaims, and RAD processing

Real-time balance checking and maintenance and real-time interfacing to a variety of accounting, custodial, and bank account management systems

Comprehensive expected buy sub-system with auto-match and scrolled-match capability available

Position checking by participant and cusip before transmission

Comprehensive BCS reporting providing:

full audit capability

full message logging

full transaction and audit trail

Comprehensive on-line archival support. All messages and audit trails are retained for a user-specified period of time. Effective retrieval and search menus provide for displaying/printing from the archives.

Syntax checking in according with DTC rules performed during message preparation

Automatic monitoring and retrieving of missing messages

Full status, including counts and amounts for all MDH security traffic

Selective printing based on user needs

Ability to use automated entry codes to reduce keystrokes on manual entries

Securities deconversion/conversion support

OFAC monitoring for blocked entities and Special Designated Nationals available

The Keystone Bank Communication System NBES Securities sub-system is a comprehensive on-line interface to the Federal Reserve Bank's National Book Entry System. Employing the standard BCS architecture, the NBES Securities sub-system is modular in design and supports the full range of FRB functions.

FEATURES

FRISC communications capability

Fully on-line with user friendly screens and formats

Full support of NBES securities processing, including messages and service reports

Full handling of rejected transactions, requests for reversals and dk's

Real-time balance checking and maintenance and real-time interfacing to a variety of accounting, custodial, and bank account management systems

Comprehensive expected buy sub-system with auto-match and scrolled-match capability available

Position checking by sub-account and cusip before transmission

Comprehensive BCS reporting providing:

full audit capability

full message logging

full transaction and audit trail

Comprehensive on-line archival support. All messages and audit trails are retained for a user-specified period of time. Effective retrieval and search menus provide for displaying/printing from the archives.

Provision for storage and automatic aging of up to 120 days of future dated messages

Syntax checking in according with FRB rules performed during message preparation

Automatic monitoring and retrieving of missing messages

Full status, including counts and amounts for all FRB security traffic

Selective printing based on user needs

Ability to use automated entry codes to reduce keystrokes on manual entries

Securities deconversion/conversion support

OFAC monitoring for blocked entities and Special Designated Nationals available